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Pennsylvania’s Fulton Bank will assume “substantially” all deposits of Philadelphia-based Republic First Bank, the FDIC says in a statement. FDIC says cost to the Deposit Insurance Fund related to the ...
The development leaves Fulton operating Republic First’s 32 bank branches and servicing more than 70,000 new consumer or business customers in a metro area where Fulton has long-term expansion ...
Fulton Financial Corporation announced that its bank subsidiary, Fulton Bank has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing ...
Fulton Financial Corporation (NASDAQ:FULT) has successfully completed the acquisition of nearly all assets and deposits of Republic First Bank, through its subsidiary, Fulton Bank. This acquisition, ...
Republic First Bank is the first FDIC-insured bank to fail in 2024, due in large part to rising interest rates and decreasing commercial real estate values. This collapse will cost the FDIC $667 ...
Fulton Financial Corp.’s stock rallied Monday on plans by the bank to acquire Republic First Bank from the Federal Deposit Insurance Corp. in the year’s first bank liquidation. Analysts were ...
The Federal Deposit Insurance Corp. announced that US regulators had seized Republic First Bancorp To "protect depositors," Fulton Bank, a division of Fulton Financial Corp., has been designated as a ...